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I am house hacking a property in the OKC area. From the research, I think you have to live in the property for 2 years but I have been unable to confirm it with anyone.
I purchased my personal residence about 12.5 months ago with personal non-business funds. I want to sell my house and use the proceeds to purchase a Duplex which I can use to House Hack. Will I be subject to the lon...
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Investment Info:
Single-family residence fix & flip investment in Saint Louis.
Purchase price: $83,000
Cash invested: $32,000
Sale price: $135,000
Cute little bungalow near the airport. We in...
Hello all, I've loved reading all of the valuable information here and have decided to post something of my own since every situation seems to be different.
I'm currently a WA resident that bought a short sale 3 year...
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Hi guys I just got into a property in the NYC area .2 family home, it was brought to my attention by a friend. And it's main selling point was buying into equity in a neighborhood that's about to explode.Main thing fo...
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Let’s say I buy a property that requires some repairs. The seller wants a temporary leaseback option where they stay in the property for a few months and pay rent (with a rental agreement, deposit, etc.). I let them d...
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I see a big difference in the mortgage rate in my state for Second home (3.25%) vs Investment property (4.25%) loan products. While I own a primary residence, I want to purchase another downtown condo (not that far fr...
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Hi All,I have a plan/strategy that i am considering and i want a quick critique to make sure that none of it is fraud and that it is possible.My fiancee and i currently own (since may) a four unit building that we own...
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Hello everyone. I am having a hard time pulling the trigger on my first rental. I want to buy a rental but I only have $3600 in stocks and about 14k in equity. I am wanting to purchase a house that is listed at 79k. I...
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Hi all,Back in 2004, my brother and I acquired a rental property. We split it 50/50 and continue to this day. We aren’t structured as a partnership or LLC, just two bros who bought a house together.Fast forward to tod...